Answer:
c. 12%; 15.7%
Explanation:
The computations are shown below:
For expected rate of return:
= (Weightage of risky asset × return of risky asset) + (Weightage of treasury bill × return of treasury bill)
= (0.70 × 0.15) + (0.30 × 0.05)
= 10.5% + 1.5%
= 12%
For standard deviation:
= Weightage of risky asset × (variance ^ half)
= 0.70 × (0.05 ^ 0.5)
= 15.7%
Answer:
a.$15.07 per unit
Explanation:
Using a single plantwide overhead rate based on direct labor hours each product is assigned $15.07 of overhead per unit.
Plantwide overhead rate = Total Budgeted Overhead/ Total Budgeted Direct Labor Hours
Plantwide overhead rate = $320,900/ 21,300= $ 15.065= $ 15.07
Overhead Total Direct Labor Hours DLH per Product A B
Painting Dept. $255,200 10,100 3 11
Finishing Dept. 65,700 11,200 6 7
Totals $320,900 21,300 9 1
Answer:
The amount of amortization expense the lessee would record for the first year of the lease is $131,125.
Explanation:
Since the lease agreement provides for the transfer of title of the asset to the lessee at the end of the lease term, this implies that the calculation of the amount of amortization expense the lessee would record will be based on the economic life of the asset. Therefore, we have:
First year amortization expense = (Amount at which the asset is recorded - Fair value at the end of 8 years) / Economic life of the asset = ($1,040,000 - $135,000) / 8 = $131,125
The correct answer is auto loan.
Last question, answer is 24K, before last, answer is 0.
